204 Millard Avenue #204West BabylonNY11704
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in West Babylon at 204 Millard Avenue #204, West Babylon, NY, 11704 earns $313/mo cash flow from $2,964/mo rent with a $1,943/mo payment. Total monthly income totals $2,964/mo, and annual cash flow totals $3,756/yr on $131,606 capital. ROI tracks 22.76% on current figures, and rental yield reads 8.96% at a $397,000 purchase. Equity gained on principal adds $2,562/yr, and 5% annual appreciation supports $109,684 over five years. Five-year ROI reaches 118.82% and total cumulative return in cash sums $156,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,964/mo property income instead of your personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11704, West Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 9,671 (69.2%) |
| Renter Occupied HU | 3,727 (26.7%) |
| Vacant Housing Units | 572 ( 4.1%) |
| Median Home Value | $559,630 |
| Average Home Value | $583,775 |
Housing Distribution
Address Breakdown
Residential
12,611
Single Family
11,925
Multi-Family
686
Businesses
1,370
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Listed by: Stephen Bertolini • Resource Realty Group
Mls Name: OneKey MLS
Mls ID: #927851